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Pre-market Movers: BCAN, KSS, RWT, GTLB, TRUE…

us pre market 053119 07jun22 lt

The following are some of the stocks making big moves in Tuesday's pre-market trading (as of 06.35 A.M. ET).

In the Green

BYND Cannasoft Enterprises Inc. (BCAN) is up over 35% at $7.07
Kohl's Corporation (KSS) is up over 13% at $47.70
Redwood Trust, Inc. (RWT) is up over 12% at $10.45
GitLab Inc. (GTLB) is up over 10% at $44.10
TrueCar, Inc. (TRUE) is up over 8% at $3.55
Enservco Corporation (ENSV) is up over 8% at $2.53
Flexible Solutions International, Inc. (FSI) is up over 6% at $2.80
United Natural Foods, Inc. (UNFI) is up over 5% at $47.50
Mexco Energy Corporation (MXC) is up over 5% at $21.04
Nine Energy Service, Inc. (NINE) is up over 5% at $3.68
DiDi Global Inc. (DIDI) is up over 5% at $2.43

In the Red

Yumanity Therapeutics, Inc. (YMTX) is down over 5% at $1.89
MicroStrategy Incorporated (MSTR) is down over 5% at $222.38

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Business News

Editors Pick
Walt Disney's streaming service Disney+ is rolling out its much-anticipated new ad-supported subscription plan for Disney+ in the U.S. as part of its bid to stem the loss and make its streaming business profitable after the services posted a hefty operating of loss more than $1 billion in the third quarter. It is also raising pricing for its bundled subscription plans with Hulu, ESPN+ and live TV. The U.S. Food and Drug Administration announced the intended availability of base powder to make around 6 million bottles of specialty formula from Mexico as part of its efforts to meet the nationwide supply shortage caused by Abbott Nutrition recall. Reckitt Nutrition/Mead Johnson Nutrition will send an initial shipment of 331 thousand pounds of base powder for PurAmino Hypoallergenic Formula. Shares of Deutsche Telekom AG were gaining more than 1 percent in the morning trading in Germany after the telecom major on Thursday raised its fiscal 2022 earnings outlook again, despite reporting lower profit in its second quarter. Adjusted EBITDA AL, a key earnings metric, increased, while adjusted EBITDA AL margin dropped.
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